8.85 acres Commercial Land For Development

Vacant Land for Sale
Catylist Listing ID: 30462649
Property Subtypes: Agricultural, Hospitality, Self Storage
Gross Land Area: 8.85 Acres
Sale Price: $400,000
Unit Price: $45,197 Per Acre
In Opportunity Zone? Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/20/2020

Overview / Comments

Excellent development opportunity at a very busy exit off of I-40. 8.85 acres is located at Exit #364 off of I-40. Property is positioned directly behind Smithfield's Chicken N' BBQ and America's Best Value Inn. Great location for Self Storage, Hospitality, Cell Tower or Solar Farm (Existing Infrastructure Nearby). Close proximity to Johnston County & Interstate 95 allows for great accessibility.

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Additional Details

Nearest MSA: Jacksonville
County: Duplin
Tax ID/APN: 245500827885
Zoning: KENANSVILLE :AG
Largest Nearby Street: Hwy 24 @ I-40
Zoning Description: Currently zoned AG
Easements: Electric Lines

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,375 2,663 6,240
Median Age: 40.19 39.31 38.86
Households: 540 1,016 2,462
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